Fintech

RIVERSIDE, Calif. — Altura Credit Union on Friday reported $2.34 million in net income for the first quarter — stretching its streak of consecutive quarters of positive earnings to 16.

It's not just about the new name and brand. Vibrant CU, previously named DHCU, has embarked on a full-scale culture change, as well, seeking to create an enhanced member experience that will lead to deeper relationships that are more profitable for the member and CU alike.

Everlink Payment Services Inc. of Markham, Ontario, has introduced a new anti-fraud service that allows Interac debit card users to activate and deactivate their accounts for security.

A GOP-led measure would have forced the Defense Department to do more study before finalizing regulations on high-cost loans to service members. It was quashed when five Republicans voted with Democrats on the House Armed Services Committee.

Financial industry groups are supporting the effort to stop the Pentagon from issuing new regulations on high-cost lending this year, while congressional Democrats and consumer groups are decrying it.

Tom Swidarski, former Diebold CEO, has made a sizable investment in the bank technology equipment and services provider Bancsource, the company announced April 28.

MADISON, Wis. — Filene Research Institute says it is seeking the "best and brightest minds" to participate in the latest incarnation of its i3innovation program.

Silver State Schools Credit Union Friday said its financial results for the quarter ending March 31 show "continued progress" as it reported net income of $2.88 million.

The fact that ATM fee hikes still cause controversy shows consumers still demand ATMs, even in an era when payments and other transactions seems to be moving to a mobile platform.

DULUTH, Ga. — Tiny $21 million Etowah Valley Federal Credit Union, headquartered in Cartersville, Ga., Tuesday said it intends to do a "strategic merger" into $1 billion Georgia United Credit Union, here.